Luxury High-Rise Condo with
49 Briar Hollow Lane #1801 Houston, TX 77027
49 Briar Hollow Lane #1801, Houston, TX, 77027
$325,000
For Sale
$325,000
Spacious condo with amenities near Memorial Park, River Oaks, Galleria.
Property Size1,623 SF
Price / SF$200.25
Days on Market375
Property Features for 49 Briar Hollow Lane #1801
General Information
- Standard status
- Active
- Size
- 1,623 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1981
Listing Agency
KELLER WILLIAMS REALTY METROPOLITAN
(832) 816-4673
Listed by
RENE SOROLA · License #TX
(832) 816-4673
Source
Kw
Added: Jul 9, 2025 Checked: Jul 17 at 5:45 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY METROPOLITAN
Investment Insights
Based on property information with market context.
This high-rise condominium features two bedrooms and two bathrooms, situated in close proximity to Memorial Park, River Oaks, and the Galleria area of Houston. The floor plan includes formal living and dining rooms with built-in features. A family room offers additional built-ins, a wet bar, and access to a private covered balcony. Building amenities include 24/7 manned gate entry, concierge services, valet parking, and controlled access. Residents have access to a pool with sundeck and hot tub, a fitness center, sauna, tennis and pickleball courts, and electric car charging stations. Additional amenities include a business center with Wi-Fi and conference space, a library, an on-site kitchen and party room, and on-site management. The property size is 1623 square feet.
Key Highlights
- Prime location: Minutes from Memorial Park, River Oaks, and the Galleria.
- Enjoy 24/7 manned gate entry, concierge, and valet parking.
- Resort‑style amenities: Pool, hot tub, fitness center, sauna, tennis and pickleball courts, and electric car charging.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.6k | $21.96 |
| − Vacancy | −$2.2k | −$1.36 |
| EGI | $33.4k | $20.60 |
| − OpEx | −$15.0k | −$9.27 |
| NOI | $18.4k | $11.33 |
1,623 SF · lease $21.96/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$262.7K
$229.8K – $306.5K
NOI $18,387 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$417.3K
$365.2K – $486.9K
NOI $29,214 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Biomet Inc
Professional Services
Alice Weiser & Associates
Consultant
Park Square One ...
Condominium Complex
Rosen Walter M ...
Physician
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FAQs
What type of property is this?
High-rise multifamily apartment - Spacious condo with amenities near Memorial Park, River Oaks, Galleria.
Where is this high-rise multifamily apartment located?
The property is located at 49 Briar Hollow Lane #1801 Houston, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Prime location: Minutes from Memorial Park, River Oaks, and the Galleria.; Enjoy 24/7 manned gate entry, concierge, and valet parking.; Resort‑style amenities: Pool, hot tub, fitness center, sauna, tennis and pickleball courts, and electric car charging.
